Topic: Gavin believes Craig Wright is Satoshi - Effect on BTC price - page 3. (Read 2499 times)
In a week nobody will care. As usual.
Mostly because a lot of people believed that the $1 bil BTC would never be spend, but now the likelihood of them being spent increased.
But everyone knew that some entity out there, could have spent those 1 Million BTC, at anytime.
That fact hasn't changed.
But, if in doubt, keep out.
News events like this provide great fuel for whales who might want to bring the market down into thier RLZs, and there is a shit ton of margin longs sitting on BFX just screaming "margin call". I don't have a fucking clue where this will lead, cos my own logic tells me that nothing has really changed with regards to Bitcoin. With that said, I did scrap my plans to buy Bitcoin at $440, due to fears off market over reaction, and I guess that is me, playing my small part in this market over reaction. I wonder how people might 'over react' who are holding all those margin long positions?
BTC is a very hot potatoe right now. Too hot to touch.
After Gavin confirmed that Craig Wright was Satoshi, I believe most people will take this as the truth. What does it mean for the $1 bil BTC address, and what effect will it have on the price short and mid term?
The initial reaction seams negative with BTC dropping about $8 so far.
http://gavinandresen.ninja/satoshi
http://financialcryptography.com/mt/archives/001593.html
The initial reaction seams negative with BTC dropping about $8 so far.
http://gavinandresen.ninja/satoshi
http://financialcryptography.com/mt/archives/001593.html
I don't quite understand why Bitcoin has to dump, but it has dumped/is dumping and I can therefore only presume, that there will be a shit ton more to come when the US gets out their beds and reads the news.
Mostly because a lot of people believed that the $1 bil BTC would never be spend, but now the likelihood of them being spent increased.
After Gavin confirmed that Craig Wright was Satoshi, I believe most people will take this as the truth. What does it mean for the $1 bil BTC address, and what effect will it have on the price short and mid term?
The initial reaction seams negative with BTC dropping about $8 so far.
http://gavinandresen.ninja/satoshi
http://financialcryptography.com/mt/archives/001593.html
The initial reaction seams negative with BTC dropping about $8 so far.
http://gavinandresen.ninja/satoshi
http://financialcryptography.com/mt/archives/001593.html
I don't quite understand why Bitcoin has to dump, but it has dumped/is dumping and I can therefore only presume, that there will be a shit ton more to come when the US gets out their beds and reads the news.
After Gavin confirmed that Craig Wright was Satoshi, I believe most people will take this as the truth. What does it mean for the $1 bil BTC address, and what effect will it have on the price short and mid term?
The initial reaction seams negative with BTC dropping about $8 so far.
http://gavinandresen.ninja/satoshi
http://financialcryptography.com/mt/archives/001593.html
Edit: People are now saying that Gaving might have been hacked https://twitter.com/petertoddbtc/status/727078284345917441
Edit2: Gavin says he was not hacked.
The initial reaction seams negative with BTC dropping about $8 so far.
http://gavinandresen.ninja/satoshi
http://financialcryptography.com/mt/archives/001593.html
Edit: People are now saying that Gaving might have been hacked https://twitter.com/petertoddbtc/status/727078284345917441
Edit2: Gavin says he was not hacked.
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